as well as investment in machinery and equipment as exhibited by the decreased in domestic equipment sales and decreased in number of registered vehicles for investment purposes, the decline is also

by salary, welfare and an allowance decline inventory value, while the Company's cost of distribution decreased from promotional expenses. In the first quarter of 2018, the company did not have

as income from property rental dropped 12% or 4.1 mil. baht to 30.7 mil. baht due to the decline in occupancy rate. Income from Chemical Distribution business increased marginally from 226.3 mil. baht

despite of the drastically decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In Q2 2019, Selling and Administrative Expenses was 338 MTHB, increased by 59 MTHB or 21.1

from 11.0 million baht to 3.6 million baht. - Profit before income tax declined 3% from 132.5 million baht to 128.8 million baht attributed to a slight decline in gross margin of Chemical Business in

or 17.2% due the drastic decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In Q3 2019, Selling and Administrative Expenses was 361 MTHB, increased by 42 MTHB or

February caused by technical issue at our supplier’s site. Analysis of Cost and Expenses 1. In Q1 2020, Cost of sales was 3,255 MTHB, decreased by 445 MTHB comparing to Q1 2019 or 12% due the drastic decline

partially offset by higher sales volume of all main products as a result of stable operation. The share of domestic and export sales has no significant change comparing with the previous year. * Note Please

44.19 million or 99.93%, which was in line with the sharp increase in revenues from sales in this period. Gross profit margin in Q2/2018 was 62.21%, a slight decrease by 0.61% year-on-year. The decline in

September, 2019 Page 13 (3) Other components of equity decreased in the amount of THB 2,754.07 million. The main reasons were currency translation differences decrease equity in the amount of THB 1,124.72